During which major economic crisis did the New Deal take place?

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The New Deal was a series of programs and reforms enacted during the Great Depression, which was a period of severe global economic downturn that lasted from the late 1920s through the 1930s. The Great Depression was characterized by massive unemployment, widespread poverty, and a significant decline in economic activity. In response to this crisis, President Franklin D. Roosevelt implemented the New Deal to provide relief for the unemployed, recovery for the economy, and reforms to prevent future depressions. The New Deal included various initiatives aimed at stabilizing the banking system, creating jobs through public works programs, and regulating the stock market. These measures were vital in transforming the role of the government in the economy and helping to restore public confidence during a tumultuous time.

The other options refer to different historical contexts: The Great Recession occurred in the late 2000s and is not the period when the New Deal was implemented. The Roaring Twenties refers to the decade of the 1920s known for economic prosperity prior to the Great Depression. The Industrial Revolution was a period of significant industrial growth and innovation that took place in the late 18th and early 19th centuries, long before the New Deal was enacted.

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